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Search Results 0 to 49 of about 65 (some duplicates have been removed)
Jan 23, 2013 4:00pm PST
. >> cenk: totally not true. and why did the republicans cave on the debt ceiling? the republicans caving? we'll explain why. it's go time. [ ♪ music ♪ ] >> cenk: secretary of state hillary clinton went up to the hill to talk to the senators and congressmen, and she got a rude, rude arrival there in the form of very aggressive questions and statements by the republicans. first she laid out her case. let's listen. >> for me this is not just a matter of policy, it's personal. i stood next to president obama as the marines carried those flag-draped caskets off the plane at andrews. i put my arms around the fathers and mothers, the sisters and bow brothers and the wives left alone to raise their children. >> cenk: the republicans were not appeased with that, and they requested about benghazi what produced one of the biggest flareups of the day. >> he were misled that there was protest and an assault sprang out that have. that was easily ascertained. that was not the fact. the american people could have known that in days. >> with all due respect. the fact is we had four dead americans was
FOX Business
Jan 22, 2013 11:00am EST
their lives around. rich: the house tomorrow will vote to extend the debt ceiling to may 19, as long as the senate and house both pass a budget. if not, this bill prescribes that it gets held back is not. dagen: thank you. president obama mentioned just about everything from gun control to climate change in his inaugural address. one thing was almost missing, though. jobs. joining us with more is steve moore. he laid out his agenda, a whole host of things. why not focus on jobs. does he think that this recovery is so on track that jobless rate will continue to fall, steve? >> i was struck by that also. in the whole speech, he did not talk about jobs. he did not talk about private business and entrepreneurs. it was a very pro-government speech. the president has a big challenge ahead. we still have a near 8% unemployment rate in this country, chipolte, over the last four years of this suppose it recovery. i do not think he mentioned the word jobs in that entire speech. dagen: three times. we did a quick count. >> i stand corrected. dagen: if you go through the list of things that he c
Jan 22, 2013 6:00am PST
's victories will be only partial. >> reporter: republicans are offering a compromise on the debt ceiling, house g.o.p. members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling is raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. we realize the president won the election. >> reporter: republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a higher debt limit, they want senate democrats to do something they have not done in four years, pass a budget. >> for us to have a debate about spending and debt, we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> reporter: senate democrats view a budget vote as an opportunity to raise more money through taxes. >> it's going to be a great opportunity. in our budget that we will pass we'll have tax reform, which many colleagues like but it will include revenues. >> reporter: the house i
FOX Business
Jan 23, 2013 4:00pm EST
the house is located raising the debt ceiling temporarily and also a clause that could get them from getting paid. keep it here on fox business. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]'ll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. david: shares of netflix considering to soar, 129: the fourth-quarter earnings beat. back to nicole on the new york stock exchange. who would have guessed a 21% increase after hours on netflix. nicole: when you were talking the earnings season, this is one that is hot right now and will be certainly one to watch tomorrow. take a look at this bid. netflix in that $1
FOX News
Jan 21, 2013 12:00pm PST
, there will be a vote in the house of representatives, the republicans want there to an votes on the debt ceiling and delaying or expanding the debt ceiling and giving lip to 9 debt ceil for another two or flee months. we will be back in the thick of things in a few minutes but today we catch our breath. >>shepard: a lot of breath capping to be done. john bussey live with us from the "wall street journal" and steve, over to you, steve. well, steve is otherwise engaged i am now told. back to evan, presidential historian and live with us from new york, the president just got back into the limousine and will come to the reviewing stand behind us. i guess this is an important day for us to remember who it is we are and what we espouse to be and send a message to the world but more than anything, isn't this good for the kids on martin luther king jr. day to have the african-american president coming for his second inauguration? there is hope for a lot of people wrapped up in this man who may not have had hope before. >> there is hope for a lot of people wrapped up in this man. the constitution talked
FOX News
Jan 20, 2013 6:00pm PST
they will allow the debt ceiling to be hiked and try to attach some spending cuts or at least say we need to be engaged in negotiations for further increase in debt hike. i think that was a recession for republicans in reality they were losing this argue uchlt. it reengineers to the point that 60 percent of americans think you have to have spending cuts right now. >> you listen to the president's senior advisor today he was talking again about a balanced approach saying whatever deal on the debt ceiling has to have tax loopholes closed. speaker boehner brought the 800 billion in loop whole closures in the beginning of the fiscal cliff negotiation that should be a part of this deal. despite the fact that the president wanted rate increase on the fiscal deal and that's all they want. >> you can see the democrats and white house believe they have the argument in their back pocket. they offered once they can call on it again if they are going to concede on any spending cuts. none have been discussed at least in the short term are going to solve the problem. the only way you solve the problem
FOX News
Jan 22, 2013 6:00am PST
the debt ceiling mid-february. this pushes this whole thing back a couple months. doug mckelway is live in washington with the story. doug, surprise, surprise, right? >> reporter: surprise, surprise, martha. this is the no budget, no pay bill. it would suspend the debt limit until may 19th at which time the debt limit would automatically increased beyond the present $16.4 trillion to accommodate whatever the u.s. borrowed at that time. it makes the extra borrowing contingent upon this. if either chamber of congress fails to pass a budget by april 15th. all income earned by members of that respective chamber would be settle aside. no budget, no pay. republicans ha been frustrated by the senate's failure to pass a budget the last four years. in his inaugural address yesterday some say the president set a not so conciliatory tone about the debt ceiling and other impasses with the gop-controlled house. >> we can not mistake absolutism for principle or substitute speckel for politics, or treat name-calling as reasoned debate. >> reporter: couple blocks away at a breakfast at a restaurant he
Jan 22, 2013 7:00am PST
. the debt ceiling debate is in the spotlight. as kyla campbell reports there's an important meeting planned today and a vote planned for tomorrow. >> reporter: mike thompson is part of a house committee holding a meeting today on the debt ceiling. they are taking a look at how the past has voted to raise the limit. the committee is examining the constitution to see if it provides options for the president when the deal is reached. tomorrow, the house will vote on increasing the debt ceiling so the u.s. can pay its bills through may. if congress approves, pressure falls on senate democrats to pass their first budget in four years. without one there could be a partial government shut down at the end of march. congressman mike honda is making a pitch. i will explain his proposal when i see you next. back to you. >> thank you. >>> great economic news just coming in right now. u.s. home sales rose to a five- year high last year. that should bode well for the markets. dow jones is down a little bit. right now, the nasdaq also down, but the s&p s&p, posting a little bit of a -- but the s&p posting
Jan 23, 2013 8:00pm PST
. >>> the house has passed a bill that would prevent the united states from hitting the debt ceiling. at least right away. it's dubbed the no budget no pay act. it was proposed by republicans and it lets the treasury department borrow money until mid-may, as long as congress passes a budget by april 15th. if lawmakers don't come up with a blueprint for the budget, the measure states their pay will be withheld. constitution doesn't allow the no pay thing to really happen, so that is a pr stunt. any way, that's why the act passed. 33 republicans, 111 democrats voted against it. one dem who did, congresswoman debbie wasserman schultz and she tells us the bill wasn't a clean debt ceiling increase and only prolongs economic uncertainty. it only extents it for a few months so she's right about that. >>> in the last 48 hours or so, u.s. cargo planes made at least five trips into mali transporting about 80 french troops and more than 124 tons of supplies. a spokesman for the u.s./africa command tells us the airlifts began monday, are going to go on for several more days. i couldn't help but notice thi
FOX Business
Jan 24, 2013 8:00pm EST
. it keeps ballooning. we will have this debt ceiling fight which will begin in a few weeks and then we will be back to square one. what we have faith in these guys? >> well, let me mention another statistic to give emphasis to this point that they cannot predict with these deficits and the spending will be like. you know, on the interest-rate issue, if we just have a 100 basis point increase in interest rate, that adds $1 trillion to the debt of the next ten years. these numbers are incredibly sensitive to changes in the economy, employment, interest rates, inflation. but when congress cannot find another. that is the problem with these budgets. it emphasizes, start to make long-term changes in the law with respect to the way these entitlements work. and if you do that you can change over a long time the direction of how much these programs like social security, medicare, medicaid go into debt. [talking over each other] >> i just wanted to come in here. they would not even consider another ratings downgrade last the medium term budget was not satisfactory, so they're not even looking f
Jan 28, 2013 2:30am PST
that in eight years. the props for the market show that hopes for a debt ceiling will happen. germany and china are looking pretty good. you mention the corporate earnings. 68% of the companies are beating expectations. the questions you raise are very relevant. questions about whether the etf money is still coming into the market. durable goods and home sales and on wednesday we get the gdp figures which could keep the rally. >> we always keep tabs on the auto industry. pretty big news overnight from toyota? >> yes. they're number one globally between 2008 and 2010 in terms of vehicles sold. they got that crown back again this year in 2012 with 9.75 million vehicles sold. what's amazing about their retaking the number one position is they did it without china. they saw a 4.9% drop in china because of a territorial dispute between china and japan. they are looking for above average growth in 2013. very impressive status. >> steve, thank you very much. steve sedgwick, live in london. let us know why you're awake. give us an e-mail or tweet us@bshacklin. we'll read the best responses. still on "w
Jan 21, 2013 5:00am EST
recently and the upcoming fight over sequestration and the debt ceiling. >> all the good feeling that comes with somebody like president obama in his first time around, a lot of that has dissipated. at the same time, there will be an actual drop off in excitement, just because someone is going through this for the second time. they have some critics they did not have four years ago. >> absolutely. that is a natural progression for any presidential term. and its advisers have indicated that he will try to work more with congress in the upcoming four years. it will be interesting to see how he tackles that in his speech today or is that comes up at all. >> we look forward to it. lana, thanks so much. this is very different in so many ways. we will talk more about that throughout the show. back to you. >> thank you. in other news, barbara walters of abc is in the d.c. hospital after falling at an inauguration party at an ambassador's home. an abc news spokesman said the 83-year-old fell on saturday night on the steps of a residence of britain's's ambassador to the u.s., leaving walters with a
FOX News
Jan 21, 2013 3:00am PST
a proposal. they said hey, we'll lift the debt ceiling if for the next three months you give us a budget, senate and the president. get together on a budget so we can go through the normal budget process. does that show republicans ac question yes, sirring or showing they're coming to the table more? >> you know, because i've been on shot and die it every monday with you, because i happen to like you and the show very much, all three of you, we have a lot of fun. i also know you have high ratings, so i'm very honored. i've been talking about this for weeks with you. we have to do something with regard to spending. we have to do something and we have to do it fast. and everybody, i think we missed a great opportunity and this is what we've been discussing when they didn't go over the cliff because if you went over the cliff, you would have been over the cliff for 24 hours before everything was solved with the big picture. if they gave that you opportunity, i think that at this point, if the 14th amendment is not going to be used, which it might be, i mean, you understand what i mean by t
Jan 24, 2013 4:00am EST
world is not smouldering, but greece was not aflame, the united states had just done the debt ceiling. i said you know what? because the ecb finally started acting like the federal reserve, the panic is now over. didn't say the crisis is over, but the panic is over. >> you said carry stability. you talked about tend of financial panic. >> others are saying cautious optimism. >> right. but there's two separations. once we get done dealing with the panic. we'll be farced then we're not part of a business cycle. ben there, sdun this. >> but you've got to get ceiling debate in the u.s. you've got the italian elections. so we will see. >> the perception over here is that the extreme part of the republican party has backed off on this issue of the debt ceiling. >> well, sure, they're extending it. >> that's the perception there. >> steve, there you go. jon fortt better watch out, that's all i'm saying. >> he's covering the economy. we can swap for a while. >> that's not a badi. what do you think, kelly? >> receive, i have the blackberry 11 for the keyboard, right? >> no. you'll elect the virtu
FOX News
Jan 27, 2013 1:00pm PST
the debt ceiling to another we three months tied to pay. what is the strategy? >> i don't think the g.o.p. have one. i saw a high ranking aide to the house leadership this weekend and he told me that --. >> hobnobbing with powerful people. >> they said they turned the corner and this was a shrewd move. i see it as you, a real problem that indicates that at best the republicans have tactical responses. bottom line, the spot getting his way. >> shell shocked from the election or leaderless or both or what? >> all of it. they did not think they would lose as badly as they did right up to election night. they have never gotten a handle on why, and we have a faction of hard right tea party people in the republican caucus in the house that will not let the moderate members, even really talk to obama, talking or compromise is out. >> was there an agenda missing? >> growing the economy. >> they are the most strategic group of people. though can not figure out what they believe in and how to fight obama. >> are they on the wrong side of social issues? >> shear what they should do. they could b
Jan 22, 2013 12:00pm EST
borrowing limit as soon as mid-february. so president obama will request congress to raise the debt ceiling once again. this is the fifth time the president has -- president obama has requested the debt limit be raised to allow the federal government to borrow and spend more money. but what is the point of even having a debt limit if congress simply extends the treasury's borrowing capacity each time the limit is reached? while some may say that it's irresponsible not to raise the debt limit, our nation finds itself at a point of such indebtedness that it is equally as irresponsible to extend the debt ceiling without significant reductions in federal spending. i voted against an increase to the debt limit two years ago and intend to vote against another increase unless we substantially change the way that government does business by reducing federal spending. in addition to it being alleged that it's irresponsible not to raise the debt ceiling, sometimes it's suggested that it's not compassionate to not spend money. where is the compassion in spending money that we don't have that's being b
Jan 24, 2013 6:00am EST
, you know, when it comes to this debt ceiling issue, or it comes to who's going to be elected, or health care issues or what have you. how is that -- how do you put that in to your investing hat? >> well, everything is a transaction, and it won't have an effect on prices, in any event, unless it has an effect on a transaction. so what i do is i know who the buyers and the sellers are. and then by thinking that through, i think how will it have an effect on transactions. far more important than, over the long term, the leader of a country will have some effect on the whole overall health of the economy. but even -- they can't even res. they're, you know, it's a very difficult challenge. the whole political system. you could be president of the united states and it doesn't mean you can change policy. then, if policy changes, it has to basically change the things that produce -- have an effect on productivity. it's something that's peripheral largely. like, for example, a bigger issue is how does financial transactions work such as if you lower interest rate, and you have nothing
Jan 25, 2013 6:00am EST
for once weren't totally ridiculous with the debt ceiling but they extend the debt ceiling -- >> richard, stay with us. austan you're here for the rest of the show. we'll have more. at 1:45, the aflac duck was brought in with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of
FOX News
Jan 22, 2013 3:00am PST
of saying hey, we're not going to lift the debt ceiling, you say, yeah, we will for three months and then go ahead and pass a budget in that time period. is that possible? >> i sure hope so. obviously that's the goal. that's been my goal for the last 18 months since i've been in the senate. obviously to push the senate to do something. as you mentioned, we haven't had a budget for almost four years. washington, d.c i think we can agree on one thing, that the worst run institution in america right now is the united states congress. we need to do something different. >> brian: so to do that, you got to get to some control over your own colleagues and to do that, hold on to their paycheck. republicans like darrell issa say i think that's unconstitutional. >> there is a lot of people in washington, d.c. that obviously don't want to cut their pay. the purpose of that constitutional amendment was to make sure that members of congress didn't enrich themselves during the legislative session. i'll tell this to darrell issa and nails wants to make this argument. cut your pay and go back to your distri
FOX News
Jan 27, 2013 9:00pm PST
political class is only going to get worse. look at sequestration and the ending cuts and the debt ceiling we believe it is all a dog and pony show. there is really not going to get cut, only get large. >>> he never spoke at the inaugural address about balancing the budgets and living within our means and making difficult choices. just the opposite. he seems to want to lock in this permanent welfare dependency mentality in the country which pretty much guarantees america becomess. >> you have this philosophical id long-timal mentality. what we like to think of unfortunately is that politics in washington is a little bit now like professional wrestling okay. there is this demonstration going on but it is kind of scripted and it doesn't really get to the full truth of what is going on. >> sean: there are two other issues we haven't dealt with yet. one is the media. they are not doing specials on this. number two, american people you know what, i don't know if they are either aware or they don't care. you want to weigh in here but the bottom line is they voted in obama. i got chris matthews a
Jan 28, 2013 10:00am PST
the wilderness by saying let's not fight over the debt ceiling and procedural matters. let's have our big fights about substantive budget issues down the road. trying to tell the more adamant tea party members that they have to get real if they're going to win again. >> i love the fact that paul ryan is emerging as that voice that's going to sort of shape and form the ground on which this new effort by the party will stand. here's the dance. the dance, though, is the rhetoric is one thing. you have the washington class talking and saying what we have to do, and we're going to do this, and rubio and the crew are going to roll out on immigration issue today. that's all great. how does the typical tea party activist respond? are they ready to make that move? do they believe that it's credible? do they believe that this undermines or augments our principles and what they believe and we believe to be an important part of this discussion as much as the effort at outreach and the effort of making the right soundbyte. have to marry that up. there's one thing for the leadership to go out and say this is
FOX News
Jan 23, 2013 3:00am PST
the debt ceiling until may 18. included in that, two caveats. the senate has to come up with a budget, which they haven't since 2009. did you know that that was before the ipad was created. the chevy volt, bieber fever, and instagram. it's about time the senate actually comes up with a budget. also incorporated into this is if they don't, then members of congress would not get any dough. their paychecks would be suspended. >> steve: speak of dough, gretch, joining us right now, did you realize today is national pie day? we've got the owner of grand traverse pie company in michigan. look at that. we've made animation for you. good morning to you. >> good morning, steve, how are you? >> steve: how many pies do you think you've made since 2009 when they last passed a budget in the senate? >> oh, boy. we've made few hundred thousand pies. i think we've done our work. now we need others to do their work. >> steve: you actually do work with the dough, where the dough is real, unlike funny dough. >> yeah. and the thing is, you combine cherries and blueberries and you get a compromise of the
Jan 25, 2013 3:00am PST
and says, how do you run a country with debt-ceiling debacles, fiscal cliffs with no decisions being made? and so it's a little bit like that old line, i didn't leave my heart. my party left me. i think a lot of big businessmen feel republicans have just gone a little bit crazy, and they are sort of now a group without a home because they're not democrats either. but it's another problem area for republicans. >> you saw that during the fiscal cliff. you know, when you had this parade of these big ceos going down to washington, more engaged arguably than any time in the last several years, but yet it didn't really have an impact at all. and i think part of that is because their message was, you've got to compromise, but part of that is because they weren't really saying anything specifically. they weren't hyper-engaged in a way they were calling them up and said there's what you have to compromise on. it was appealing to the mass populous. >> that group which i'm involved with left really disappointed/disgusted with what goes on in washington. >> as we all were. >> right. >> and that's tru
FOX News
Jan 25, 2013 9:00pm PST
, the spending cuts and the debt ceiling, we believe it's a dog-and-pony show. it is not going to get cut, it's only going to get larger. >> he never spoke about the budgets, living within our means, making difficult choices, just the opposite. he seems to want to lock in this permanent welfare, dependency mentality and state which now is in the country, which pretty much guarantees that america becomes greece. >> there is no question, you have a philosophical, ideological commitment to growing government. and you have the sad reality that there are a lot of go-long to get long governments. politics in washington is like professional wrestling. okay? there is this demonstration going on, but it's kind of scripted. it doesn't rae really get to the full truth of what is going on. >> there are two other issues we haven't dealt with yet. one is the media -- they are not doing specials on this. the american people -- you know what? i don't know if they are aware or they don't care -- you want to weigh in here. but the bottom line is, they voted in obama. i said -- they got chris matthews all mad,
Jan 28, 2013 7:00am PST
strongly believe in really far right views. and they're willing to go over the -- to let the debt ceiling collapse. they were willing to shut down the government. that's not really the kind of thing that -- that speaks to a new direction for this party. >> john, we're talking about immigration reform, right, today. is this the pivot point. is this where you might see republicans come together with democrats? >> it could be. i do think, though, i've seen this before where the senate come up with a plan without any input from the house. and then the house decides not to do it. >> right. >> i think this is the problem. that you've got to have cooperation. i do think there are some ways you can make it easier for people to get citizenship without actually getting into amnesty. and i think that finding that trick is going to be difficult but can be achieved. i do think that for republicans, it makes a lot of sense strategically to get immigration passed. if we're going to have a good conversation with hispanic voters, we can't do it in the context of holding up immigration reform. it also has
Jan 28, 2013 12:00pm PST
obama is sort of strategically on this. two summers ago during the debt ceiling talks, there was signals of the white house to raise the eligible age of medicare like two months ago signals ago cpi change is good and then paul ryan saying i don't think there's anything and going to accept the sequester, you know which touches defense and not the social safety net at all and that's it. have we entered a new face and medicare and medicaid off the table? what do you think? >> i wouldn't be so sure. you're right the president is all over the map on this and yesterday there's an interview with him in "the new republic" and might have been code words and wanted the talk about judicious reforms to medicare and mart changes to social security and how he's willing to buck what he called i think the ideological wing of the party. this kind of a thing and so as you mentioned he's many times before have been willing to even interested in floating changes to medicare and medicaid and now to think he's not going to is a stretch at this point. >> have republic
Jan 28, 2013 9:00am EST
. so the resolution of the debt ceiling crisis in particular, i think was a big moment for the market. we are targeting 2.25% on the ten-year over the next couple of months. as you mentioned, economic momentum is getting a little better. really, the underlying trend of things is not so bad for the economy. and if you do get, as your previous guest noted, another move up of 3%, 4%, 5% in equities, then that could easily be the impetus to get treasury yields even higher than they are today. >> the big question, and we should talk about it, is the losses that people could suffer moving forward. but for the moment, if we take a historical perspective, we're still at very low interest rates, aren't we. 4%, 5% would be a normal rate. i assume this is not necessarily at the moment at this level a problem in slowing the economy. >> no, we're not panicked. in fact, we think that treasury yields will probably find a plateau somewhere around that 2.25% and end the year somewhere about where they are today. treasury yields, at least at the moment, are heavily influenced by supply and demand facto
Search Results 0 to 49 of about 65 (some duplicates have been removed)